Free salary & hourly raise comparison

Pay Raise Calculator

Offered a raise? Find your new salary, the percentage increase and how much more you earn per paycheck. Enter annual or hourly pay, then compare two options on the same schedule.

  • Percentage, dollar raise or new salary.
  • Compare two raises side by side.
  • Private calculation. No signup.
Created by BiznToolsFounder: Syed TalhaMethod checked

What does your raise add up to?

Use a percentage, a dollar increase or new pay.

Start with your current pay
Before taxes and payroll deductions.
Choose the period for the amount you entered.
Tell us about the raise
Or enter your own
See the change in each paycheck
Hours & paid weeks

Used to convert hourly pay. Salaried amounts keep their stated annual equivalent. Include paid leave; exclude unpaid weeks.

Pay raise comparison

BiznTools · bizntools.com/time-pay/pay-raise-calculator

Your pay, before & after

Updates as you edit

Enter current pay and a raise to compare.

Put a number on your raise

Enter your current pay and the proposed change. See what it means annually and in each paycheck.

  1. Current pay and pay period
  2. Raise or new pay
  3. A clear before-and-after comparison

Your pay stays in this tab. No account or upload.

A clear method, step by step

How to calculate a pay raise

For a percentage raise, multiply your current pay by the percentage divided by 100. Add that increase to your current pay. If you already know the new pay, subtract the old amount and divide the difference by the old amount to find the raise percentage. Use the same pay period on both sides of the comparison.

Find the increase

Take your current gross pay and multiply by the raise percentage as a decimal. Keep the time period the same.

$60,000 × 0.05 = $3,000

Calculate new pay

Add the increase to your current pay. Or enter the new amount directly to find the percentage change.

$60,000 + $3,000 = $63,000

Check each paycheck

Divide the annual increase by your number of payments. Every two weeks and twice a month are different schedules.

$3,000 ÷ 26 ≈ $115.38
New pay: Current pay × (1 + raise percentage ÷ 100)
Raise percentage: (New pay − current pay) ÷ current pay × 100
Change per paycheck: Annual gross increase ÷ paychecks per year

Put the numbers in context

Pay raise examples

A 5% raise on a $60,000 salary

Five percent of $60,000 is $3,000, bringing annual gross pay to $63,000. That is $250 more per calendar month, about $115.38 more over 26 equal biweekly payments, or $125 more over 24 semimonthly payments. These are gross amounts before deductions.

Current annual pay
$60,000.00
New annual pay
$63,000.00
Annual increase
$3,000.00
Biweekly increase
≈ $115.38

An hourly rate rises from $25 to $30

The hourly increase is $5. Divide $5 by the old $25 rate: the raise is 20%. At 40 paid hours a week for 52 weeks, annual gross pay rises from $52,000 to $62,400. A different number of paid hours or weeks changes the annual amounts.

Hourly increase
$5.00
Raise percentage
20%
Annual increase
$10,400.00

See the percentage in dollars

What is a 3%, 5% or 10% salary increase?

The same percentage means a different dollar amount at each salary. These examples show a single raise to annual gross base pay, before deductions. The increase repeats each year only while that new salary remains in effect.

Annual increase → new annual salary
Current salary3% raise5% raise10% raise
$40,000$1,200 → $41,200$2,000 → $42,000$4,000 → $44,000
$60,000$1,800 → $61,800$3,000 → $63,000$6,000 → $66,000
$80,000$2,400 → $82,400$4,000 → $84,000$8,000 → $88,000

Know the new salary, but not the percentage?

Subtract your old salary from the new one. Divide the difference by the old salary and multiply by 100. Moving from $60,000 to $66,000 is a $6,000 increase: $6,000 ÷ $60,000 × 100 = 10%.

Select New pay amount to do this in the calculator. Keep both amounts on the same basis: annual with annual, hourly with hourly. For a general comparison outside salary, use Percentage Change Calculator.

Make the paycheck comparison useful

Biweekly vs. semimonthly: how much more per paycheck?

Every two weeks

26 equal payments in this full-year comparison

$115.38 more per paycheck

$3,000 ÷ 26 payments

Twice a month

24 equal payments in this full-year comparison

$125.00 more per paycheck

$3,000 ÷ 24 payments

Both examples describe the same $3,000 annual gross raise. Every two weeks is biweekly; twice a month is semimonthly. ADP explains these common payroll schedules. Actual pay-date calendars can include an extra weekly or biweekly payday, so check your employer’s calendar when reviewing a payslip.

When does the full raise reach your pay?

The calculator shows the full-year equivalent of the new rate. If a raise begins partway through the year, you receive it only for the eligible time after its effective date. For example, a $3,000 annual increase paid for six full months adds $1,500 gross over those months.

Compare the offer before planning around it

Use Option B to compare two raises from the same current pay. Check the annual difference and each paycheck, then consider benefits, paid hours and responsibilities. For jobs with different schedules, use Salary Calculator. Use Time Card Calculator to total actual shift hours.

Useful answers, close to the calculation

Salary increase questions

How much is a 5% or 10% pay raise?

Multiply current gross pay by 0.05 or 0.10. On a $60,000 salary, 5% adds $3,000 and 10% adds $6,000 per year. New annual pay becomes $63,000 or $66,000. Choose your paycheck frequency to see the gross increase for each payment.

How do I find my raise percentage from old and new salary?

Subtract old salary from new salary, divide by old salary, then multiply by 100. Going from $50,000 to $55,000 is $5,000 ÷ $50,000 × 100 = 10%. Select New pay amount in the calculator and enter both amounts on the same pay basis.

Is every two weeks the same as twice a month?

No. The standard full-year comparison uses 26 payments for every two weeks and 24 for twice a month. A $3,000 annual raise is about $115.38 per biweekly payment or $125 per semimonthly payment. Your actual payroll dates and deductions can differ.

Will this be the increase in my take-home pay?

The result is gross pay. Withholding, payroll taxes, retirement contributions and other deductions affect the deposit you receive. Compare the gross lines on your offer or payslip first, then use your employer’s payroll information for a take-home estimate.

Can I compare two raises or job offers?

Yes. Turn on the second option and enter another percentage, dollar increase or new pay amount. Both use your current pay and the same schedule. To compare jobs with different working hours or paid weeks, use the linked Salary Calculator, which has separate schedules.

Is a raise compounded or added to my original salary?

This tool compares one change. For consecutive raises, apply the next percentage to the new salary. Two successive 5% raises produce a 10.25% total increase because 1.05 × 1.05 = 1.1025; they do not simply add to 10%.

Calculation assumptions, input rules & sources
  • USD gross base pay before taxes, deductions, overtime, bonuses and benefits. This is a comparison, not a payslip prediction or a promise about an employer’s policy.
  • Current pay must be positive. Percentage or dollar increases can be zero; enter a lower new pay amount to model a decrease.
  • Weekly and longer inputs use full-year factors of 52, 26, 24, 12 and 1. A year may have an extra weekly/biweekly payday; this calculator is not a dated payroll calendar.
  • Hourly conversion uses entered hours and paid weeks. Include paid leave and exclude unpaid weeks. Changing those assumptions does not change an entered annual salary.
  • All calculations retain exact fractions. Each displayed amount rounds independently to cents, half away from zero; rounded checks may not sum exactly to annual gross.
  • Your pay stays in this tab. No uploads, autosave, identity fields or input values in shared links.

ADP — Payroll calendar and pay periods — Payroll-provider explanation of common payment frequencies. We use 26 biweekly and 24 semimonthly payments as explicit full-year comparison assumptions.

ADP — Pay schedule and methods — Explains the difference between payment schedules, including years with an additional weekly or biweekly payday. The raise arithmetic and examples are original BiznTools calculations.